Understanding and improving your credit score is a crucial step towards a successful financial future. In the UK, there are three primary options for reviewing your credit score; Experian, Equifax and TransUnion.
Attachment Order can vary depending on the type of order and the amount of debt that you owe. Earnings Attachment Orders can last until the debt is fully repaid or until you change jobs.
An Attachment of Earning Order (AEO) is a legal process that allows creditors to recover unpaid debts from your earnings. Unlike Direct Earnings Attachments (DEAs), which are used to recover benefit overpayments, AEOs can be applied debts such as court fines, council tax, and child maintenance payments.
Clearscore was founded in July 2015, and was the UK’s first provider of free credit scores allowing users to view a snapshot of their finances and reports, they also offer consumer advice and protection services.
A credit score is a simplified overview of your credit history, giving lenders and prospective loan providers a general idea of your previous credit commitments, repayments and reliability. Currently in the UK, credit scores are measured by three credit reference agencies (Experian, Equifax and TransUnion), who monitor and allow you to check your credit score.…
MoneyPlus money saving guide to owning a pet 2022 A pet is for life not just for Christmas… and so are the costs. Having a furry friend in your life can be a joy but it isn’t unfortunately one that comes with a price tag. MoneyPlus have created a complete guide to the costs and…
Credit scores In its essence, a credit score is a number that lenders (banks, car finance dealers etc.) use to determine the risk associated with loaning money to someone. These lenders decide how much they’re willing to loan you (and at what interest rate) based on your credit score – it can also be checked by landlords…
Pensions Pensions are one of the most important things to build up when you’re of working age, but many of us don’t even think about them until the time comes to claim them. Think of a pension as a type of long-term savings plan (actually, that’s exactly what it is). It’s one of the most…
Benefits It’s no secret that the benefits system in the UK can be quite confusing to those not in-the-know, especially considering that incoming governments bring with them new changes that can complicate things further. But the bottom line has always remained the same: you could be entitled to financial support depending on your personal circumstances.…
Erroneous transfers: Switched by mistake Switching energy suppliers is usually a very straightforward process, and involves very little input from the customer past the point of the initial switch; energy companies speak to each other directly to ensure that switches go ahead smoothly and with no disruption to supply. However, occasionally an energy supplier takes…
The Rundown: Travel Insurance. What Cover Do You Need? Flip-flops, swimming costume, shorts, shades, suncream… When you’re getting ready to go on holiday, travel insurance can end up being last on your list of priorities. As it’s usually only taken out for a short period of time, it can be difficult to know exactly what…
The Rundown: Railcards. Am I Eligible and Is It Worth It? Train companies are always pushing railcards as a way of saving money. But, are they worth it and are you eligible to apply for one? Here’s the rundown on railcards. The 16 – 25 Railcard The 26 – 30 Railcard The Two Together Railcard…